Energy Aspects offers high-frequency research coverage of the global natural gas markets, led by Trevor Sikorski. We publish a comprehensive suite of reports combining data analysis, market fundamentals and forward-looking commentary. Our experienced analysts provide the information and insight you need to stay ahead of the global natural gas markets.
While the NE Asian LNG market continues to wait for the proper onset of winter, some wintery weather in North America led to high volatility at Henry Hub. Jan-19 Henry Hub closed Thursday up by some 0.5 $/mmbtu w/w at 4.1 $/mmbtu, but this is still low-priced gas in the global context. Even accou..
We are delighted to present our new North America Monthly, which provides a brief outlook for the North American gas market.This withdrawal season we expect LNG exports out of the US to increase by 2.7 Mt y/y to 10.7 Mt, resulting in a by 1.4 bcf/d (40 mcm/d) y/y rise in feedgas demand. Both numb..
Within this report you will be able to review the latest figures published by Baker Hughes by gas shale plays in the US and by province in Canada.Fig 1: US total rig countFig 2: Appalachian shale plays gas rig countGasOilTotal16 Nov 181948881,082w/w chg.(1) ↓2 ↑1 ↑y/y chg.17 ↑150 ↑167 ↑9 Nov 1819..
Next week's Panorama will be released on Wednesday 21 November, due to the Thanksgiving holidayToday’s report (week ended 9 Nov): EIA: +39 bcf, EA: +39 bcfToday’s EIA print — while in line with our forecast — showed a wide divergence between estimates, especially between S&D and flow models,..
A change in weather forecasts in mid-November altered expectations for the second half of this month, with Europe promised its first taste of colder than normal winter weather. The first half of November was mild, contributing to y/y demand reductions in res-com, so storage inventories improved...
Please note that users licensed for the data service can access our South Korean gas balances, power by source and nuclear outages data.Both South Korean res-com and power sector gas demand were stronger y/y in October, but LNG imports were a considerable 1.0 Mt (37%) higher y/y at 3.8 Mt, helpin..
Thursday’s EIA report (week ended 9 Nov) – EA Final Estimate: +39 bcfWe forecast Thursday’s EIA report will show an injection of 39 bcf. Cold temperatures continued to drive demand higher, as a 15% w/w increase in gas-weighted HDDs (GWHDDs) boosted res-com demand by 2.8 bcf/d w/w. A drop in total..
A narrowing of the JKM-TTF spread in recent months has led to a six-year high in European LNG imports—5.5 bcm in October (+1.5 bcm y/y)—and there are no signs of any let up in November. The markets of Northeast Asia purchased all their LNG needs for a seasonally normal winter during the summer, w..
European hubs started Monday in a bullish mood as weather forecasts over the weekend shifted to show below-normal temperatures from next week. As such, hub prices rose and started to head back to the fuel switch trigger we expect to be the winter mean.While that change in forecasts has added upwa..
The LNG market continues to wait for the proper onset of winter, with the peak Q1 19 JKM contracts gaining by 18 cents. Meanwhile, company earnings calls were largely positive on project developments. The most positive for supply was from Sempra, which reaffirmed its expectation that feed gas wil..
We are delighted to present our new Monthly publications, formerly known as Data Review, which will share our short-term forecasts. Please note that users licensed for the data service can access our continental gas balances by clicking here.We forecast that demand in continental Northwest Europe..
Within this report you will be able to review the latest figures published by Baker Hughes by gas shale plays in the US and by province in Canada.Fig 1: US total rig countFig 2: Appalachian shale plays gas rig countGasOilTotal9 Nov 181958861,081w/w chg.2 ↑12 ↑14 ↑y/y chg.26 ↑148 ↑174 ↑2 Nov 18193..